UniFirst Stock Is Up 40% on $5.3 Billion Takeover Offer
UniFirst shares are surging in response to news that Cintas, a competitor in manufacturing work uniforms, has made an offer to acquire the company, valuing it at $5.3 billion. Cintas, which offers first aid and safety and other uniforms,
UniFirst jumps as Cintas confirms $275 a share takeover offer (update)
UniFirst (UNF) stock soars 33% in premarket trading after Cintas (CTAS) makes a $5.1 billion offer for the rival uniform maker.
Uniform supplier UniFirst rebuffs Cintas' $5.3 billion takeover bid
By Neil J Kanatt (Reuters) -Uniform supplier UniFirst on Tuesday rebuffed again a takeover proposal from Cintas that valued the firm at $5.3 billion and said that it was confident of its strategy as a standalone company.
Cintas submits proposal to acquire UniFirst for $275 per share in cash
Cintas (CTAS) announced that it submitted a proposal to the board of UniFirst (UNF) to acquire all outstanding common and class B shares of
UniFirst Shares Surge on Takeover Deal Report From Rival Cintas
Cintas offered $275 per UniFirst share in cash, according to letters seen by The Wall Street Journal. The offer price is a more than 60% premium to where UniFirst shares ended trading Monday. UniFirst stock closed at $169.
Cintas offers to buy uniform supplier UniFirst for $5.3 billion
Cintas on Tuesday proposed to buy UniFirst for about $5.3 billion, after its repeated overtures to take over the uniform supplier were rejected by the company's board. Cintas said it had offered $275 for each outstanding common and Class B share,
Cintas $275 per share takeover offer turned down by UniFirst, WSJ reports
Cintas (CTAS) made a $5.1B offer to buy smaller uniform supplier UniFirst (UNF), but this bid has been rebuffed multiple times, according to
Groton police handing out stricter punishments for street takeover participants
GROTON, Conn. (WFSB) - The town of Groton will now be handing out stricter punishments to people participating in street takeovers. This change is the result of the death of a 24-year-old woman during ...
Cintas launches $5.3B hostile takeover bid for Massachusetts rival UniFirst
Mason-based uniform provider Cintas on Tuesday launched a $5.3 billion hostile takeover bid for UniFirst, a Massachusetts ...
Midwestern state senator revives DOGE-aligned bills as GOP prepares for DC takeover
Sen. Eric Schmitt is tackling the administrative state by debuting key legislation in the newly Republican-controlled ...
Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden
Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed acquisition and ...
China’s Zijin in takeover talks for lithium group as miners push into battery supply chain
Chinese businesses continue to establish dominant foothold in fast-growing sector despite decline in metal’s price ...
Tidal wave of border security bills hit House as Republicans move fast on DC takeover
House Republicans have introduced a slew of border security bills and other conservative policy proposals that were dismissed ...
Takeover Target Korea Zinc Warns of ‘Very Bad’ Outlook for 2025
Korea Zinc Co., the world’s largest smelter of the metal, warned of a tough outlook as processing fees languish, costs rise, ...
Trump: Takeover Canada, Military Force in Greenland & Panama Canal? MTG: Legislate 'Gulf of America'
White House Reporter Brett Samuels joins Drew Petrimoulx today to discuss President Elect Trump's press conference from Mar A ...
UK's De La Rue gets $301 million takeover proposal from Edi Truell's consortium
De La Rue has received a takeover proposal from a consortium of British financier Edi Truell's companies, sending shares in ...
Blinken Says Trump Bid to Take Over Greenland 'Not a Good' Idea
US Secretary of State Antony Blinken delivers remarks after meeting with the French Minister for Europe and Foreign Affairs ...
EU will not tolerate a Trump takeover of Greenland, warn France and Germany
France and Germany have warned Donald Trump that the EU will not tolerate the US invading Greenland. The president-elect ...